Trustly Pay logo

Trustly Pay

by Trustly
No reviews yet
ActiveAvailable globallyCloud
Quick facts
VendorTrustly
Year launchedN/A
StatusActive
LocationStockholm, Sweden
Countries servedGlobal
Languages12
Integrations17+
Free tierNO
Free trialNO
Contact salesYES

About Trustly Pay

A global Pay by Bank platform that enables secure, instant account-to-account payments, payouts, and identity verification. It helps businesses reduce transaction costs, minimize fraud, and improve conversion rates through open banking technology.

Trustly is a global leader in Pay by Bank solutions, providing a robust open banking platform that connects merchants directly to over 12,000 financial institutions. By bypassing traditional card networks, Trustly enables businesses to reduce interchange fees, accelerate settlement times, and improve conversion rates. The platform is particularly effective for enterprise-level needs in sectors like e-commerce, financial services, and gaming, where speed and security are paramount. Beyond simple payment initiation, Trustly offers a comprehensive suite of tools including identity verification (Trustly ID), automated payouts, and data-driven insights that help merchants understand consumer spending patterns. While the platform is highly scalable and built for high-volume traffic, its enterprise-focused model typically requires a sales consultation for implementation. The developer experience is well-supported with extensive documentation, SDKs, and a dedicated merchant portal, making it a strong choice for organizations looking to modernize their payment infrastructure.

Pros & Cons

Pros
  • Reduces transaction costs by bypassing traditional card networks.
  • Increases conversion rates through a frictionless, bank-integrated checkout flow.
  • Provides bank-level security and real-time risk management for every transaction.
  • Supports global operations with connectivity to thousands of financial institutions.
  • Offers deep consumer insights that help businesses personalize offers and reduce churn.
Cons
  • Pricing is not publicly listed and requires contact with the sales team for enterprise plans.
  • Implementation may require custom development work to fully integrate with existing e-commerce stacks.
  • Availability of specific features can vary by region and local banking regulations.

Features

Key features

Pay by Bank

Enables direct, secure payments from consumer bank accounts without requiring credit cards or manual routing numbers.

Instant Payouts

Facilitates real-time fund transfers to bank accounts, improving liquidity and customer satisfaction.

Identity Verification

Leverages bank-sourced KYC data to instantly verify user information and reduce onboarding friction.

Risk Management

Utilizes proprietary machine learning models to maximize approval rates and prevent fraudulent transactions.

Subscription Management

Automates recurring payments and bill pay to reduce churn and operational costs.

Additional features

Cross-Device Recognition

Identifies returning users across different devices to streamline the checkout experience.

Bank Connectivity

Connects merchants to over 12,000 financial institutions globally via a single API.

Data Insights

Provides deep consumer spending patterns and affordability signals to drive personalized offers.

Account Authentication

Retrieves accurate bank data for ownership verification and ACH simplification.

Cashless Funding

Supports direct funding for gaming and retail environments to eliminate cash handling.

Dispute Resolution

Includes built-in tools to manage and resolve payment disputes efficiently.

Merchant Portal

Offers a centralized dashboard for viewing transactional data, downloading reports, and managing users.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
12
Interface languages
6
Billing currencies

Interface languages

EnglishSpanishGermanFrenchSwedishPolishFinnishItalianPortugueseDanishNorwegianDutch

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇸🇪SEK🇳🇴NOK🇩🇰DKK

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